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Red 5 hits production targets

5th July 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Junior gold miner Red 5 has reached its second-half production targets on the back of a strong June quarter.

The company on Wednesday reported that gold production in the June quarter had reached 61 705 oz, with gold production in the second half reaching the top end of the guidance of between 90 000 oz and 105 000 oz, with all-in sustaining costs expected to be within the guidance of between A$1 750/oz and A$1 950/oz.

The company is expected to deliver its full quarterly results later this month.

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Edited by Creamer Media Reporter

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